Frugal Holiday Shoppers and the Paradox of Thrift

· May 5, 2010, 9:54 pm

The holidays are a time when people usually loosen their purse strings. But not this year. As job losses mount and retirement savings shrink, people are buying less stuff. Understandable, but it's worrisome for the economy as a whole. KCFR's Megan Verlee looks at what consumer frugality means for the economy.

You care.

You want to know what is really going on these days, especially in Colorado. We can help you keep up.  The Lookout is a free, daily email newsletter with news and happenings from all over Colorado. Sign up here and we will see you in the morning!